How Airlines Can Survive the Pandemic

How Airlines Can Survive the Pandemic | WSJ

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4 жыл бұрын

After an unprecedented drop in air travel due to the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash flow. So how are they planning to survive? WSJ finds out. Composite: George Downs/The Wall Street Journal
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Пікірлер: 231

@101yog101 4 жыл бұрын

The content of the video doesn't justifies the title. I din't get answer to "How?"

@tylerknight99 3 жыл бұрын

They did answer: nobody knows how they are going to do it, and it would be unwise to call it too quickly with dramatic change

@ayoungfellow 3 жыл бұрын

its a rhetorical question, of a man wringing his hands in the air... How?!?

@suzysizzle 3 жыл бұрын

Adaptability: Those who adapt correctly, quickly and efficiently will survive.

@GURken 4 жыл бұрын

they're getting rid of jumbo because it's unefficient, old and have four engines, not because of covid

@davewilson7602 4 жыл бұрын

Yeah absolutely. They’re using a bad example with the 747s. They were already being retired en masse because they were getting old and inefficient. It’s more efficient for airlines to buy larger single-deck planes than double-deck planes like the 747 and now A380 (not being retired yet because they’re mostly new, but the sales stagnated long before COVID)

@thepianist7084 4 жыл бұрын

I'm glad to see your comment because I thought the same thing - Airlines were retiring the 747 before COVID. This video's use of the 747 as an example made me question the entire validity of anything they said in this video.

@mayap1613 4 жыл бұрын

They didn't say COVID was the reason these were retiring in general. COVID is the reason these airlines have retired them ahead of timeline.

@micahbriones7482 4 жыл бұрын

@@mayap1613 While COVID does play a role in their retirement, airlines were already retiring these planes in favor of more efficient and smaller planes like the 787 and the A350 in the mid-late 2010s.

@Waitukubuli 4 жыл бұрын

They were already retiring them for fuel-efficiency reasons “before” Covid.

@mrchirulagaming2771 3 жыл бұрын

Airlines: making money Coronavirus: I'm bout to end this man's whole career

@rozhali3691 4 жыл бұрын

This video has inaccurate information. The 747 has been set to retire for years now, and it is not because of the Pandemic

@mra.prasetio 4 жыл бұрын

Indeed but this pandemic is a catalyst that speeds up the process

@rext8949 4 жыл бұрын

Production of the 747 was set to stop, not operations. BA, Lufthansa, Quantas were the last holdouts with plans to use them for a few more years . Lufthansa has 747-8s along with the other older series but they have no plans to retire them.

@AAlfredjoseph 4 жыл бұрын

Yeah but it was scheduled to retire way later many airlines were still running the 747, the pandemic just made their retirement come way to early.

@22ZWC 4 жыл бұрын

No you are wrong it was supposed to retire in 2024 but a few weeks ago they decided to immediately retire them this year not in the future its sad rip ba 747.

@mirzaahmed6589 3 жыл бұрын

Yes, but not in 2020. The video didn't claim the pandemic caused the retirements, just accelerated it.

@giorgiosalutogirsang2765 3 жыл бұрын

:( I used to work for Flybe, and after finishing my Bachelors in Aviation & Airport Management I am currently studying CIPS to get into the procurement and supply industry as Logistics was also another industry of my passion that I self-studied years ago and took an online course with MIT through EDX. I urge all my Aviation brothers and sisters to stay strong and survive through other industries offering jobs within transportation, logistics, supply, operations, communication, manufacturing, engineering, management, customer service, etc. It is going to be a long run before Aviation gets back on its feet, but remember we are professionals, we are strong, we will serve and we will succeed.

@aljohnson653 3 жыл бұрын

Love this video

@kauntroap6339 4 жыл бұрын

this is horrible.my husband is an airline employee and he is losing hope

@Blue-kz3vf 3 жыл бұрын

I'm an airline employee, and I'm too loosing hope :(

@subzero4790 4 жыл бұрын

Did you answer the question? No.

@dayspoiler4608 4 жыл бұрын

a bunch of really old planes with terrible cabin pressure were retired. again what is the down side for us?

@03Venture 3 жыл бұрын

For a moment I thought the video would tell me what are the airlines going to do to beat the huge slump in business they are having now... 😒

@cyriluebbing22 4 жыл бұрын

Nice

@antoniodg2673 4 жыл бұрын

Pilots are now working from home at half their salary.

@lkgpuanimho0349 4 жыл бұрын

By flying drones? Lol

@kevinp113 4 жыл бұрын

Soon to be replaced by AI

@rontheoracle 4 жыл бұрын

By flying back and forth to Cloud 9.

@mediocrebanters 4 жыл бұрын

@@kevinp113 Exactly. AI Pilots and smart airports is the future. Looking forward to seeing the large "flying wing" aircraft.

@Ibh111142 3 жыл бұрын

Surely not being in the cockpit is a bit dodgy😟

@davidnyasha 4 жыл бұрын

The part about the 747 is misleading because the 747 was being retired overall before the coronavirus. It was dumped for more fuel efficient and quieter aircraft. As more countries tightened up on environmental regulations

@luckycat6001 4 жыл бұрын

BTS of the video kzfaq.info/get/bejne/ga2CpbNoqtvOfIE.html

@rontheoracle 4 жыл бұрын

It was also dumped like Concorde, because of the lack of passengers. Just my guess.

@hollypeters7851 3 жыл бұрын

I really hope I didn’t make the wrong decision to go to flight school this fall to be a pilot.

@Me37368 Жыл бұрын

Well it’s looking pretty good right now

@Lumalnatti11 4 жыл бұрын

Wow- thank you to all the responsible heads of corporations who are moving the people back to a state of better reality so slowly, yet steadily- like the smooth landing of a 747!! You guys are doing great, and I salute you!!! : )

@auro1986 4 жыл бұрын

wsj make every airlines like air india

@josianesenise2075 3 жыл бұрын

GooooooooooD Job

@mediocrebanters 4 жыл бұрын

It's simple economics really: low demands for fast long-range travel leads to low demands for jet airline usage.

@kevinp113 4 жыл бұрын

lol good job buddy

@anigirish8095 4 жыл бұрын

I belive they can

@PatrickAndFriendsPRO 4 жыл бұрын

At least we have microsoft flight simulator 2020 😊

@LicoInvestments 3 жыл бұрын

True. 👍

@LicoInvestments 3 жыл бұрын

Any predictions on some major mergers or buyouts? I'm looking at $AAL and $SAVE

@maceinater 3 жыл бұрын

So whats the answer?

@apscoinscurrenciesmore7599 4 жыл бұрын

Airlines are incurring losses due to lack of passengers due to pandemic. That's the whole summary of the video😀😀😎👍

@ninjanerdstudent6937 4 жыл бұрын

I just want to say thank you to Bat.

@yukilu9801 3 жыл бұрын

This video didn't answer the question HOW to survive

@FinancialShinanigan 4 жыл бұрын

I think if airplanes became convertibles, the issue with enclosed space will be resolved. Something to look into for sure.

@dstblj5222 4 жыл бұрын

And then you have to fly at below 10 thousand feet burning a lot more fuel and time and create legality issues

@mirzaahmed6589 3 жыл бұрын

@Jeff Webb They didn't exactly plan to.

@andresbula1 3 жыл бұрын

it made me sad seeing that Avianca image. right in the childhood

@pedroportillo1585 4 жыл бұрын

When it comes to many American Airlines, they got themselves more in this hole because they never saved for a rainy day fund. In any business, you invest in three sections to keep your business afloat when it makes profits. You pay back your investors, you expand with your employees, and you save up for a rainy day/emergency fund. Many American Airlines did the first, and forgot about the rest. So now they got a huge bailout from the government (our tax dollars) so they wouldn’t go out of business.

@danielshaikhali5108 4 жыл бұрын

Lol Buffet did the correct thing by selling his shares and don’t @me

@michelbruns 4 жыл бұрын

CountChocula30 yeah he is super smart and lost money the last few months while others made a fortune

@Douglas-nk4hj 4 жыл бұрын

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@hearthrob29 4 жыл бұрын

@@michelbruns because he is an investor and not a trader. Hope you known the difference.

@sienglimtiu2074 4 жыл бұрын

US should learn from their lesson . Do not blame others for their failure .

@faganquin6483 4 жыл бұрын

Whomever puts the customer first will survive. People are no longer willing to be bled dry with fees and overpriced tickets, uncomfortable seating etc, and restricted by policies - all now geared for the benefit of the airline and staff. It’ll be a long time before I fly if things stay as they are.

@comment6864 4 жыл бұрын

Awful thing is they're going to just continue packing people in like sardines, and that is sooo unhealthy. I have always thought flying was a good way to catch colds and other such things, but now i'm going to avoid flying at all costs. Flying used to be nice, but nowadays they pack people in so tight, and the seating size and distance has shrunk to the point that it is a HUGELY unpleasant experience. I really wonder if the airline that considers these things, i.e. passenger comfort and safety, may be the winner in the long run.

@georgezaharoff 3 жыл бұрын

This is a nightmare. You can’t take cash out of an equation - companies need $$ thats why it’s called CASHFLOW. You’re going to see bankruptcies in the fall and next spring Airlines, hotels, restaurants, theatres, car rental companies, apparel/retail companies are all in trouble. This is a mess.

@mlhm5 3 жыл бұрын

Never have so few companies received so much federal money and support, yet treat paying passengers like sardines and charge ridiculous prices. Two bailouts, taxpayer built airports, taxpayer FAA, taxpayer air traffic controllers, taxpayer airport security including TSA, other infrastructure, and airport administration at taxpayer cost. Contrast that with the fact that bullet trains running in the 1960s in Japan are faster than any train running in the USA in 2020. China in 1965 was a poor agricultural nation, yet today has Over 2,800 pairs of bullet trains running daily. The USA has none.

@johnbond9695 4 жыл бұрын

Remarkable that you didn’t mention Southwest Airlines. Why?

@stanbarrington9698 3 жыл бұрын

They do not fly 747’s, but in regards to $$$ health,are in the best shape of all other US operators to survive.

@worldcitizeng6507 3 жыл бұрын

I flew southwest in June and August

@adityatekriwal1693 4 жыл бұрын

3:14

@Cingearth 3 жыл бұрын

air nz has had extremely good number of passengers return ! but air nz is flying fewer planes on domestic routes !

@andywong9847 4 жыл бұрын

A million dollars question. What have humanity learn from this pandemic?

@camerontaylor7471 4 жыл бұрын

NOTHING! ... humanity should have learned that an economic system is not how our lives/reality should be centered around and dependent on...

@bickster2002 4 жыл бұрын

There are a lot of Karens

@ankanmaiti9864 4 жыл бұрын

To become rioters

@nagendran2591 4 жыл бұрын

COVID 19 has made biggest impact on aviation industry and it led many employees lost their jobs .

@stanbarrington9698 3 жыл бұрын

A second PLANdemic will nail coffins closed.

@nagendran2591 3 жыл бұрын

This was special flight arranged by government to bring back Indians.

@faridhabibullah30 2 жыл бұрын

So sad knowing that Boeing will stop the production of the 747

@rodrigomontero9413 4 жыл бұрын

So what was the answer?

@kevinp113 4 жыл бұрын

They dont.

@101yog101 3 жыл бұрын

Exactly! That was my question too.

@K-FOREST_Original 3 жыл бұрын

There is a saying, "Even dry towels are squeezed out." First, we have to check the inside and innovate. The industry should also seek co-prosperity, not chicken games.

@miraculixxs 4 жыл бұрын

People want to travel safely and for leisure. Business travel by planes will be reduced drastically. one because virtual meetings are now widely accepted. Two because more idiotic rules will govern "short distance" travel to allegedly save the climate, requiring employees to travel by train. At least in Europe thats quickly becoming a thing.

@domjong6329 4 жыл бұрын

Before I board a plane, I’ll make sure my will is up to date!

@crystalyeowchingching1036 3 жыл бұрын

Depending on bear n me can walk out of Singapore or not !!!

@JaceTan-90 4 жыл бұрын

Game of survivor? More like game of thrones.

@luckycat6001 4 жыл бұрын

BTS of the video kzfaq.info/get/bejne/ga2CpbNoqtvOfIE.html

@xamomax 4 жыл бұрын

Can I buy discounted tickets today for travel after Covid?

@AAlfredjoseph 4 жыл бұрын

You can buy them at discounted but the catch is whether the airlines still runs that route

@mirzaahmed6589 3 жыл бұрын

No. Airlines only publish schedules and sell tickets up to one year in advance. It is not known when Covid will end. Also, there aren't really any discounted tickets available. Airlines don't want to lose money; they would rather charge a premium to those who have no choice but to fly in this situation.

@mirzaahmed6589 3 жыл бұрын

@@AAlfredjoseph If they cancel a flight they sold a ticket for, the passenger is refunded.

@yoyomcgavin2986 4 жыл бұрын

Not important... how do the workers survive being forced to work along with retail and restaurants.

@Lumalnatti11 4 жыл бұрын

Good question, and here is the answer: Adult men and women (*not countrymen- those of Real states and Nation's) can start building true self-esteem and learning the art of responsible self-determination- and the sooper ambitious ones can start businesses up the right way - like the REAL men and women they were designed to be, and not the dead corporations they were told they are.

@camerontaylor7471 4 жыл бұрын

Dawn your answer makes no sense... who is going to work the retail stores, restaurants that you yourself use?

@Lumalnatti11 4 жыл бұрын

@@camerontaylor7471 lazy persons and teenagers, just like before the corporate takeover.

@077di6 4 жыл бұрын

Big companies- yes. Middle and lower class- no

@amarbrozovic3359 4 жыл бұрын

Rip Boeing 747 1969 2020

@aerohk 4 жыл бұрын

747-400 only. The newer -8 is still being flown

@mirzaahmed6589 3 жыл бұрын

Freighter versions will be around for at least another 20-30 years.

@stanbarrington9698 3 жыл бұрын

Ugggg them and their 757 step brothers are gone for good,I hope.

@EricAbbottTri 4 жыл бұрын

Then the CEO's will get big bonus as a reward for how they handled the situation. Welcome to America

@savagecub 3 жыл бұрын

Actually our CEO and upper management have been working without pay since March.

@cjschilreff3921 3 жыл бұрын

Well yeah, that's what we expected

@xpressonex805 3 жыл бұрын

There will be airlines after the dust settles ... The question is who.

@bbt305 4 жыл бұрын

Nice! Reporting! Not nice situation.

@connormclernon26 3 жыл бұрын

TLDW: Things are REALLY bad and are only going to get worse for the airline industry.

@hfredydl 3 жыл бұрын

Of course they’ll survive ... people asked the same question after September 11, and of course, not all airlines will make it but overall airlines will continue

@crashweaverda 4 жыл бұрын

They will covert them to haul freight.

@shubh_007 3 жыл бұрын

*spoiler alert:* video contains no answer.

@mjlight 3 жыл бұрын

Please the Government will be paid off by these airlines companies as we near the Holidays. I'm talking a boom of travel into the next year including countries with closed boarders.

@Panthers1521 4 жыл бұрын

It will come back. Just will take years...

@allophoto8174 4 жыл бұрын

Because flying is a necessity. People need to travel so it will definitely come back but as you say it ‘ll take years

@Panthers1521 4 жыл бұрын

@@allophoto8174 hopefully not. Who knows, the world may bounce back really fast next year when a vaccine hits

@luckycat6001 4 жыл бұрын

BTS of the video kzfaq.info/get/bejne/ga2CpbNoqtvOfIE.html

@dergraber5093 4 жыл бұрын

They can’t!

@sanujitroy6830 3 жыл бұрын

It would take 2 years

@texasabbott 4 жыл бұрын

How can airlines survive the pandemic? Airbus A220.

@calebbaudia 3 жыл бұрын

Yup! I feel bad for boeing because they're still an amazing company, but the a220 is revolutionary!!!

@How.Dare.You. 3 жыл бұрын

Whats gonna happen to all the pilots??? Do they have to redo their careers?? That sucks

@d.p.4919 4 жыл бұрын

Are you effing kidding me?!? How can they not survive with the Tax payers 40 Billion from the 1st stimulus package?!?

@thatoneguy4307 4 жыл бұрын

Relax.. do y'all remember why aviation is where it is now? Because US government spending money on planes for military... Eventually it went commercial for people to travel.. Now airlines are converting to cargo & putting a stop big planes due to high maintenance costs

@ankanmaiti9864 4 жыл бұрын

Business travel not coming back, Will business come back???

@catchgenerics8667 4 жыл бұрын

The video is great. The comments are cancer.

@Trollolling 4 жыл бұрын

Welcome to the internet

@frankpinmtl 4 жыл бұрын

Perhaps if the airlines had not wasted billions on share buybacks, when times were good, and saved some of that money - the situation for them wouldn't be as dire as it is. Gov't welfare for corporations....

@PostingMexico 4 жыл бұрын

They say "The industry is loosing" .... we/Users have always lost the battle against them when we talk about the service that we get and the cost to fly... and don't even mention when we what to make a small change to our itinerary. I hope this will change the way this essential service changes for the good of all.

@donnk 4 жыл бұрын

LOSING. not loosing. Learn to spell amigo

@PostingMexico 4 жыл бұрын

YS MVM aprende español

@adiposerex5150 3 жыл бұрын

Read books from 1880. That’s where we are.

@lothean2099 4 жыл бұрын

If the airlines were smart in America, they would combine and do bullet trains. It sounds crazy and expensive, but its not.

@JK-lr4su 4 жыл бұрын

It is you moron.

@ahmedgamez3273 4 жыл бұрын

I hope they don't so they actually make flights enjoyable

@catchgenerics8667 4 жыл бұрын

You’re a moron.

@stacyjpoliticscommunityfai359 3 жыл бұрын

Delta is in deep trouble. They have to furlough over a thousand Pilots.

@walterwhite8333 4 жыл бұрын

Era of oil and air travel is over. We need to find sustainable living else we will not last another century.

@shaydza 4 жыл бұрын

The world is getting more environmentally aware and the trajectory of our population tell me that your point isn't correct.

@ankanmaiti9864 4 жыл бұрын

Travel will automatically rebound once vaccine is made. Don't worry, electric planes will dominate in some decades.

@xianglung2306 3 жыл бұрын

They will survive coz the govt will bail them out

@Drmicky141 3 жыл бұрын

Another round of major consolidation way over due.

@steampunk888 3 жыл бұрын

You mean “How Can Airlines Survive Government Negligence?” The airports should have been closed in February and March. Shuttering airlines after a pathogen has already been distributed to every country on earth is needless destruction. And that will be recognized only after a few prominent University professors write books and articles saying so. This constant dependence on “expert” opinion, as opposed to reason, is technocratic and morally insupportable.

@mirzaahmed6589 3 жыл бұрын

Pathogens can spread by means other than flying. There are no grounds to shutter transport facilities on a hearsay; a declaration of emergency requires an actual emergency, not a theoretical one.

@Wilvin 3 жыл бұрын

"It is what it is" - Trump

@henkdeklapsteen6787 3 жыл бұрын

Easy, support from governments...

@Nick-kc3ng 3 жыл бұрын

747 is a outdated and technological dinosaur since 1969, what are you talking about Covid 19 and this inefficient piece of aviation history? Clearly shows you're not doing your homework

@mell1657 4 жыл бұрын

I will tell you how: overcharging even more money and being greedy af

@luckycat6001 4 жыл бұрын

BTS of the video kzfaq.info/get/bejne/ga2CpbNoqtvOfIE.html

@mirzaahmed6589 3 жыл бұрын

There is no "overcharging" if people were clearly willing to pay.

@danielegagno4425 3 жыл бұрын

Aint no body watch this!

@patelfalak 4 жыл бұрын

They can be used as labs for lowered gravity study, if airlines properly try to fund this they can compete with blue origin & spaceX, according me a try might be worth it...

@artemasward5842 4 жыл бұрын

The era of FoxNews will also be over soon.

@mirzaahmed6589 3 жыл бұрын

No.

@chinabill379 4 жыл бұрын

To the beautiful person that’s reading this. You are intelligent and adorable, stay happy and healthy during this pandemic. My dream is to reach 9k, I been struggling to get there.

@jacobgoldenofficial4321 4 жыл бұрын

Shut up

@sandrarichardson4639 4 жыл бұрын

Covid`19° sucks" !.

@Abhi123791 3 жыл бұрын

BINOD

@birdieputtmcgee6031 4 жыл бұрын

@dergraber5093 4 жыл бұрын

BirdiePutt McGee #2

@brattingprincess 4 жыл бұрын

I didn't find this useful likely because I follow the Blancolirio channel

@Douglas-nk4hj 4 жыл бұрын

@Zeekiel 4 жыл бұрын

This guy sounds like Bill Gates.

@mirzaahmed6589 3 жыл бұрын

Not really.

@LeonardoUV 3 жыл бұрын

American Airlines deserves to go out of business because they simply do NOT care about the passengers. Terrible customer service.

@mirzaahmed6589 3 жыл бұрын

Don't fly them then. They have 200 million other passengers (at least as of last year), so they won't go anywhere. I agree their customer service is bad, but companies don't go out of business just because people think they deserve to.

@LeonardoUV 3 жыл бұрын

@@mirzaahmed6589 many companies have suffered financially because of poor customer service. Remember all the time they abused customers with their overpriced tickets. They can use that money to save them selves.